Mini Bullish Trend Ended - Time to Go Down

[chorock]

I shared a lots of post and said that we may be at the end of mini bullish trend on crypto market.

After Kraken news, crypto market went down.

I did only need a bad news to go down. Because Charts were seeming very bad. It would go down! We only need a trigger and Kraken did it..

Here you can see daily ETH chart and trend broken down! There were amazing bowl pattern on ETHUSDT chart and ETH will draw new pattern...

I said yesterday and showed Bitcoin price chart. We might see huge move on Bitcoin price chart and It started...

I think that we will see soft downtrend. Altcoins made 2x profit and will take it back. but the time will be longer..

We will see..

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Comments

[pixresteemer]

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[beerlover]

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[skiptvads]

I have my theory that as long as BTC stays over 20k it might be the reversal the market has been waiting for but considering that if traditional markets fall that 20k would probably be broken easily, thx for sharing

[muratkbesiroglu]

I reckon prices to come back between 200-day EMA and 200-day MA. This is the case for BTC, ETH, and Hive. We can also see a fake breakout to the downside. Then prices start climbing again.

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[dimarmaca]

The important thing about this market movement is to be able to take advantage of it to capitalize or buy more tokens when it goes down in price, which is certainly the best for the long termgreetings @chorock